Tidal power developer Atlantis Resources (Atlantis) has revealed that Phase 1A of the Scotland-based MeyGen project has completed the construction phase and has now entered the 25-year operations phase.
With a rated capacity of 6MW, MeyGen is said to be the largest tidal stream array in the world.
Go deeper with GlobalData
The completion of Phase 1A construction was combined with the ongoing production levels, which supported the progress of tidal stream energy as a clean and predictable energy source.
Atlantis further noted that the achievement follows on from an extended period of array operation since the turbines were reinstalled last year.
The array is said to have so far generated nearly 6GWh of energy and is reported to have generated 1,400MWh last month alone.
Atlantis CEO Tim Cornelius said: “Seeing the MeyGen project move into the operations phase is another major milestone on the path to commercialising tidal stream energy.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“We would like to thank all our funders, contractors and shareholders for their unwavering support and belief in the project over the years.
“I would especially like to thank Scottish Enterprise, Highland and Islands Enterprise, Crown Estate Scotland, Department for Business, Energy and Industrial Strategy (BEIS), Morgan Stanley and Engie.
“We would also like to highlight the invaluable contributions made by the two turbine suppliers, the highly skilled local supply chain in Scotland and the MeyGen project team.”
The MeyGen project has the capacity to further develop 392MW of energy, with consent and grid connection agreements already in place.
Atlantis holds a 77% stake in MeyGen, which is engaged in the development of the world’s largest tidal stream project.
To complement its UK pipeline, Atlantis is pursuing additional marine power project opportunities in France, South Korea and Indonesia.
